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Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.

Bayanat, Yahsat to merge           

It will benefit from revenue synergies, economies of scale.
  • The merger will create an AI-powered space technology champion in the MENA region with an implied market capitalization of over US$4 billion.
  • The combined entity will be vertically integrated and optimally positioned to capture regional, global opportunities in geospatial and mobility solutions.

79% UAE employees think digital skills crucial for success

Dubai, UAE – About 79 percent of UAE employees believe digital skills are crucial for business success, and 84 percent...
  • The survey included over 5,500 working adults from the UAE, France, Germany, Ireland, Italy, Sweden, Switzerland, the Netherlands, and the UK
  • A significant 81 percent of UAE employees also believe that businesses should actively foster the development of AI skills in their workforce.

UAE issues federal decree on regulating electronic, digital media

ABU DHABI, UAE - The UAE Government has issued a federal decree which aims to regulate and organize media in...
  • The decree aims to promote the UAE as a global media hub and establish an enabling environment for the growth and prosperity of the sector.
  • The provisions of the decree apply to individuals, organizations, media outlets, and free zones dedicated to the media in the UAE.

GCC media outlets think outside the box to stay afloat

Reeling from a calamitous drop in advertisement revenues and public trust, news media organizations are reworking strategies to create "niche"...
  • Many believe news media outlets have been distracted from their role to safeguard space for informed debate on public issues
  • Several well trusted media outlets with deep pockets are battling against thinning revenues and being forced to think differently

NCSC seeks to regulate Jordan’s cybersecurity market

AMMAN, JORDAN - National Cyber Security Center (NCSC) seeks to regulate the Kingdom's cybersecurity market by outlining and endorsing the...
  • One of the NCSC's key measures focuses on issuing Cybersecurity Services Licensing System, its director said.
  • This would "effectively" contribute to strengthening and supporting Jordanian companies to enter the cybersecurity market.

Canada print media to get two-thirds of Google’s payment to news outlets

The agreement between Canada and Google is part of the Online News Act, which aims to support a struggling Canadian...
  • After months of negotiations, Ottawa and Google announced a "historic" agreement, where the tech giant would pay Canadian media companies compensation for the loss of ad revenue
  • The agreement between Canada and Google is part of the Online News Act, which aims to support a struggling Canadian news sector that has seen a flight of advertising dollars

Israeli attack killed journalist in Gaza: Al Jazeera

The Qatari network had first reported that cameraman Samer Abu Daqqa and Gaza bureau chief Wael Al-Dahdouh were wounded in...
  • The network said that following Samer's injury, he was left to bleed to death for over 5 hours
  • Al Jazeera held "Israel accountable for systematically targeting and killing Al Jazeera journalists"

Storm-1152: Vietnam-based creator of fake Microsoft accounts

Seoul, South Korea - Microsoft has seized the websites of a Vietnam-based group it alleges sold millions of fake accounts to...
  • Storm-1152 is "the number one seller and creator of fraudulent Microsoft accounts", creating around 750 million to date, the company said Wednesday
  • Storm-1152 pursued a model called "cybercrime-as-a-service" or CaaS, acting as a provider to other criminal groups, Microsoft and Arkose said

EU seeks critical details from Apple and Google on digital safety

Brussels, Belgium - The EU demanded on Thursday that Apple and Google provide more details on how they identified risks concerning...
  • The European Commission said it wanted "more information on how" Apple and Google "have diligently identified any systemic risks concerning the App Store and Google Play"
  • It also wants the companies to demonstrate that they have complied with rules on digital marketplaces and transparency about adverts in order to protect users online.

MBC IPO retail subscription begins

MBC Group runs a group of TV and radio channels.
  • The subscription process for the retail tranche of MBC Group will run for five days until December 18.
  • The Capital Market Authority approved, on November 21, the company's request to float 33.25 million shares in an IPO.

AI and the future workforce: Navigating the transition

AI systems exceeding human capabilities across all fields could render many jobs obsolete in a decade, Stuart Russell, Professor of...

Latest News

Scientists launch hub to channel quantum power for good

GENEVA, SWITZERLAND – Scientists will work to channel the huge emerging power of quantum computers for the common good at a...

Facebook, Instagram services restored after widespread outages

More than half a million users across the globe reported issues earlier in the day, with many saying they were...

Australian media hits back as Facebook scraps news deals

Meta said on Friday it would scrap the Facebook News tab in Australia and would not renew deals with news...

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Web Summit: 24 MoUs signed between Qatari institutions and global tech firms

Doha, Qatar - Web Summit Qatar 2024, the world's largest tech events debut in the Middle East and Africa, ended...
  • The MoUs included the one between and the Web Summit whereby the former will sponsor the summit over the next four years
  • Over four days, the summit hosted 15,453 attendees from 118 countries, who witnessed the tech innovations, 10 percent of which came from Qatar

Facebook parent Meta to stop paying Australian news media

Meta had previously announced it would not renew content deals with news publishers in the United States, Britain, France and...
  • Extending a global retreat from news content, Meta said it would scrap the Facebook News tab in Australia
  • The decision had been on the cards, but will come as a hammer blow for Australian news outlets already struggling to stay afloat

UAE sets innovative media policy to propel the country onto global stage

DUBAI – Sheikh Abdulla bin Mohammed Al Hamed, Chairman of the UAE Media Council (UAEMC), has approved a comprehensive legislative...
  • The roadmap emphasizes the importance of aligning national efforts and creating partnerships to boost the UAE’s media sector.
  • It aims to develop a media industry that embraces global cultures, driven by innovation and youth leadership.